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India becomes 3rd Largest Aviation Market in Domestic Passenger Traffic

According to CAPA's statistics India has occupied the third spot after US and China in terms of domestic aviation market beating Japan

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New Delhi, March 26, 2017: India has beaten Japan to become the third largest aviation market in terms of domestic passenger traffic, an industry report has stated.

In its latest report, Sydney-based aviation think-tank Center for Asia Pacific Aviation has shown that the domestic air passenger traffic in India stood at 100 million in 2016 and was behind only the US (719 million) and China (436 million). India gained the third spot globally by beating Japan, which flew 97 million domestic passengers in 2016, CAPA said.

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A consistent growth of 20 -25 per cent has been shown by domestic air traffic throughout 2015 and 2016, peaking in January this year at 25.13 per cent. However, the domestic travel demand rose 16 percent in February this year, that put an end to the long streak of over 20 per cent.

According to CAPA, India which occupied the fourth position in terms of overall air passenger traffic (both domestic and international) along with the UK, is also gradually getting closer to becoming the third largest one by March next year.

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Kapil Kaul, head of CAPA India believes that India will become the third largest market 2-3 years ahead of what was projected because of the much higher growth.

According to PTI reports, Japan flew 141 million passengers in 2016 and was ahead of India whose total air passenger traffic was 131 million in the previous year, as per CAPA’s statistics.

In 2016 United States enjoyed that top position with 815 million passengers. China followed with 490 million, according to the report.

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“While we will reach the third spot for both domestic and international air travel ahead of the projected period, we will remain at that position for a very long time because it will not be easy to surpass China and the US,” Kaul added.

– prepared by Durba Mandal of NewsGram. Twitter: @dubumerang

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Is Donald Trump’s presidency turning out to be a reward for Trump Jr.?

Trump Jr. is scheduled to give a speech on Indo-Pacific relations at a New Delhi business summit and the Prime Minister Narendra Modi is expected to share the stage with him

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The Donald Trump Jr. landed in India yesterday and is slated to sell his luxury apartments and lavish attention on wealthy Indians.
The Donald Trump Jr. landed in India yesterday and is slated to sell his luxury apartments and lavish attention on wealthy Indians. Wikimedia Commons

Recently, advertisements can be seen repeatedly in the past few days, announcing the arrival not of the Donald Trump but of his eldest son. The Donald Trump Jr. landed in India yesterday and is slated to sell his luxury apartments and lavish attention on wealthy Indians.  The advertisement further charms the people with “a conversation and dinner” with Trump Jr., if buyers who order apartments in the development by Thursday.

After Trump Jr. landed in India, he was seen posing for photos in New Delhi with Indian developers. One of the builders included Kalpesh Mehta. His firm is supposed to be the main Indian partner for Trump-brand real estate projects.

Also Read: Daughter of Presidential Candidate Donald Trump to celebrate Diwali in a Hindu Temple in the US

Although, during his election campaigns, President Donald Trump has pledged to avoid any new foreign business deals during his term in office. One of the better reasons for this was seen as to avoid potential ethical conflicts. But the visit by his Donald Trump’s son has directed the promises made by his father in some other direction. Moreover, Trump Jr. is flying around the world trying to trade on the fact that his father is sitting in the Oval Office. The global experts have long seen the use of the Trump name to promote even existing business ventures as a tricky territory.

Trump family has real estate projects coming up in Mumbai, the New Delhi suburb of Gurgaon and the eastern city of Kolkata.
Trump family has real estate projects coming up in Mumbai, the New Delhi suburb of Gurgaon and the eastern city of Kolkata. Wikimedia Commons

The shocker over here is the scheduled speech of Trump Jr. about Indo-Pacific relations at a New Delhi business summit and the Prime Minister Narendra Modi is expected to share the stage with him. This has raised another set of ethics concerns by offering his thoughts on international relations, that too when Trump Jr. is not holding any portfolio in the US government. By sharing the stage with government officials and talking about international relations, he is surely portraying himself as an informal ambassador for the US.

Last November, Donald Trump’s daughter Ivanka Trump visited India with an altogether different agenda than that of Trump Jr. She led the U.S. contingent at a global business conference and even her speech was broadcasted live by various television stations.

Also Read: US President Donald Trump’s Tough Stand Against Pakistan and more Highlights from his Speech

Interestingly, it is not the first instance when President Trump’s sons have raised ethical concerns over their promotional visits. Last year only, Donald Trump’s sons inaugurated a Trump-branded golf club in Dubai. The two brothers are now official in-charge to lead the Trump Organization.

Trump Jr. has planned his sprawling building in the satellite city of India, Gurgaon. The people who are ready to invest huge sum into this can expect to move into their swanky homes sometime in 2023. To run his business in India, Trump Jr. has licensing agreements with all its Indian business partners. India holds out to be the brand’s largest market outside the United States. In Pune, a luxury complex is already operational. The expected price of apartments in the Trump Towers complex in Gurgaon runs between $775,000 and $1.5 million.

President Donald Trump has pledged to avoid any new foreign business deals during his term in office.
President Donald Trump has pledged to avoid any new foreign business deals during his term in office. Wikimedia Commons

Trump family has real estate projects coming up in Mumbai, the New Delhi suburb of Gurgaon and the eastern city of Kolkata.